Aurionpro announced it has increased its stake in SC Soft Pte Ltd (SC Soft) upto 90% with a commitment to complete acquisition of balance 10% by December 31, 2022. This increase in stake enables complete management control and integration of SC Soft with Aurionpro. The deal is valued at US$ 4.99 Million (approximately INR 38…
Cybersecurity startup SubCom (Subconscious Compute) said it has raised $1 million in a seed-funding round from YourNest Venture Capital, ISV Capital and an existing investor, Entrepreneur First, according to ETtech report. The round also saw participation from Bikky Khosla, Chairman TradeIndia, Varun Alagh, Founder, MamaEarth, Harjot Gill, Founder, FluxNinja & Netsil, and some senior executives…
ICF, a global consulting and digital services provider, announced that it has entered into a definitive agreement to acquire SemanticBits, a premier partner to U.S. federal health agencies for mission-critical digital modernization solutions. Founded in 2005, SemanticBits’ team of 450 technologists and practitioners bring demonstrated success with large federal health IT projects and expertise across…
Watlow, a designer and manufacturer of complete industrial thermal systems, announced that it has signed an agreement to acquire Eurotherm from Schneider Electric, the global leader in the digital transformation of energy management and automation. The terms of the transaction were not disclosed. Eurotherm is a premier global provider of temperature, power, and process control,…
BLS International, a global tech-enabled services partner for governments and citizens, announced that it has acquired Mumbai headquartered, largest business correspondent in the country – Zero Mass Private Ltd (ZMPL). With this all cash acquisition from company internal accruals, BLS international becomes the largest business correspondent network in India, a statement said. ZMPL has been…
KKR, a global investment firm, announced that KKR has agreed to acquire a majority stake in Contabo, a global cloud infrastructure and hosting provider based in Germany. As part of the transaction, existing investor Oakley Capital will retain a minority stake in the business, alongside management and hosting entrepreneurs Thomas Strohe, Jochen Berger and Thomas…
Dubverse.ai, a Gurugram-based AI-powered SaaS video content dubbing and creation platform, announced it has raised USD 800K in seed funding led by global funds including Kalaari Capital. Founded in 2021 by Varshul CW and Anuja Dhawan, Dubverse supports end-to-end dubbing and produces ready-to-publish videos in real-time. The self-service platform allows full control to the users…
KKR, a global investment firm, and apexanalytix (apex), a provider of supply chain risk management software and services, announced that KKR has signed a definitive agreement to acquire a majority interest in the Company. apex’s largest shareholder, Carousel Capital (Carousel), a private investment firm that invests in companies located in the Southeastern United States, will…
Cybersecurity major Forescout Technologies, Inc. announced that it has signed a definitive agreement to acquire Cysiv, a cybersecurity innovator that uses its cloud platform to improve detection and response of true threats. With this acquisition, Forescout will leverage Cysiv’s threat detection engine to analyze a wealth of asset and network communications data automatically collected by Forescout’s…
Perimeter 81, a company that offers secure network solutions for the hybrid workforce on its cloud-based platform, announced it has completed a $100 million Series C funding round led by B Capital, with the participation of Insight Partners, Toba Capital, ION Crossover Ventures, Entrée Capital and publicly-traded Spring Ventures led by Aviv Refuah. “This puts us at $1 billion valuation but more importantly,…
Cyient, a consulting-led, industry-centric, global Technology Solutions company, announced that it had signed definitive agreements to acquire Celfinet for EURO 41 Million. An international Wireless Engineering Services company, Celfinet, is focused on providing end-to-end Network Planning and Performance Optimization services, a statement said. With this acquisition, Cyient strengthens its Wireless Engineering practice to support Communication…
Adani Transmission Ltd. (ATL), a private sector transmission and distribution company, has signed definitive agreements with Essar Power Ltd. (EPL) for acquiring 673 ckt kms operational inter-state transmission project owned and operated by Essar Power Transmission Ltd. (EPTCL). The Enterprise value for the transaction is INR 1,913 crore. Anil Sardana, MD & CEO, Adani Transmission…
Gupshup, a global leader in conversational engagement, announced the acquisition of OneDirect, the omnichannel, AI-enabled, customer service platform of choice for leading brands in India, South East Asia and the Middle East. The acquisition strengthens Gupshup’s suite of conversational solutions and enables superior omnichannel conversational engagement with a powerful and flexible live Agent Assist solution that…
Cloud kitchen startup Curefoods has raised about $43 million in a funding round led by Winter Capital, according to ETtech report. Three State Capital has invested $5.8 million in the round. Existing investors Chiratae Ventures infused about $1.6 million, while Accel India invested $3.9 million and Iron Pillar put in $10 million, according to regulatory…
Alt Co., green food major, announced it has raised north of US$1 million in a funding round led by major investors from Singapore, the Middle East and India. With this injection of funds, the Bengaluru-headquartered sustainable plant-based alternative brand will be seeking to expand and grow its sales and product basket, a statement said. In the…